Hello Traders
USD/CAD is on bullish momentum.
We believe that this pair is going to continue upward but before, it needs some corrections.
Here is why we long USD/CAD:
1- RSI is on Uptrend
2- Short term momentum is upward.
3- Price has a big resistance between 1.30500-1.30800. This zone will drag price toward itself.
4- USD sentiment is positive.
If you like it then Support us by Like, Follow and Share.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and does not include financial recommendation. Trading is Risky, so before any action do your own research.)
USD/CAD is on bullish momentum.
We believe that this pair is going to continue upward but before, it needs some corrections.
Here is why we long USD/CAD:
1- RSI is on Uptrend
2- Short term momentum is upward.
3- Price has a big resistance between 1.30500-1.30800. This zone will drag price toward itself.
4- USD sentiment is positive.
If you like it then Support us by Like, Follow and Share.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and does not include financial recommendation. Trading is Risky, so before any action do your own research.)